A policeman (C) and people wear facemasks, used as a preventive measure against the COVID-19 novel coronavirus, at a market in Phnom Penh in March this year. (Photo: AFP)
Hanoi(VNA) – The Asian Development Bank (ADB) on July 8 approved a 250-million-USDloan to help the Cambodian government respond to the COVID-19 pandemic.
The bank saidthe loan will be used to strengthen Cambodia's health care system, increasesocial assistance to the poor and vulnerable, and provide economic stimulus tobusinesses, including small and medium-sized enterprises (SMEs).
According tothe ADB, Cambodia is highly vulnerable to the negative impacts from COVID-19,due to its open economy, narrow economic base, and highly mobile population.
The bankforcast Cambodia's economy to contract by 5.5 percent in 2020 due to thedecline in tourism; lower exports of garments, footwear, and travel goods; anda slowdown in construction. The downturn risks pushing an additional 1.3million Cambodian people into poverty.
On the sameday, Cambodian Economy and Finance Ministry Secretary of State Vongsey Vissothsaid the government has allocated 1.16 billion USD to address the economic andsocial impacts of the coronavirus.
A total of 564million USD has been allocated for health and social assistance and 600 millionUSD for economic support through lending to SMEs, he said during a pressconference./.
The Asian Development Bank (ADB) and the Philippines have signed a 500 million USD loan to help the country's efforts to mitigate the impact of the COVID-19 pandemic that has taken a heavy toll on the poor.
The Asian Development Bank (ADB) on June 19 said it has approved a 126 million USD loan to support the construction of a 15-km water transmission pipeline aimed at helping secure water supply for nearly 13 million residents in the Philippine capital region.
As Vietnam is in need of resources for its production recovery, the country hopes for more support from the Asian Development Bank (ADB) to develop major fields such as infrastructure and smart agriculture, Prime Minister Nguyen Xuan Phuc said on June 22.
The Asian Infrastructure Investment Bank (AIIB) announced on June 23 that it and other banks had approved loans totalling 1 billion USD loan to help strengthen Indonesia’s health and economic responses to the COVID-19 crisis.
The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
A policeman (C) and people wear facemasks, used as a preventive measure against the COVID-19 novel coronavirus, at a market in Phnom Penh in March this year. (Photo: AFP) 
